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Upswing in Austria’s SMEs
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Austrian small and medium enterprises expect a significant improvement in business conditions for 2011. The equity situation however remains problematic.
Upswing in Austria’s SMEs / Picture: © Vindobona.org
Austrian SMEs assess the business situation for this year as predominantly positive. 54.8% of 1,800 companies surveyed by Creditreform consider their business situation as "good" or "very good". In 2010 they were still 41.2%. Only 6.4% consider themselves to be in a bad state (2010: 15.3%). Creditreform’s board member Helmut Rödl asserts: "The upturn has arrived for the entire range…
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